Lee Kang Jyh, Photronics director, sells $253k in PLAB stock

Published 09/10/2025, 00:08
Lee Kang Jyh, Photronics director, sells $253k in PLAB stock

Photronics Inc (NASDAQ:PLAB) Director Lee Kang Jyh sold 10,000 shares of common stock on October 6, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The shares were sold in multiple transactions at prices ranging from $25.33 to $25.35, netting approximately $253,299. The transaction comes as InvestingPro data shows Photronics maintaining a "GREAT" financial health score, with management actively buying back shares and the company holding more cash than debt on its balance sheet.

Following the transaction, Lee Kang Jyh directly owns 513,350 shares of Photronics Inc. The stock has shown strong momentum with a 39% return over the past six months. For deeper insights into insider trading patterns and comprehensive analysis, InvestingPro subscribers can access the full Pro Research Report, available for over 1,400 US stocks.

In other recent news, Photronics Inc. reported its third-quarter earnings for 2025, surpassing analyst expectations. The company announced a non-GAAP diluted earnings per share (EPS) of $0.51, which exceeded the forecasted $0.38. Additionally, Photronics reported revenue of $210 million, slightly above the anticipated $204.6 million. These results reflect a positive performance for the quarter. The earnings report has been a focal point for investors, highlighting the company’s financial health. Analyst firms have taken note of these developments, although specific upgrades or downgrades were not mentioned in the reports. Photronics’ recent financial results underscore its ability to exceed market expectations. These developments are crucial for investors monitoring the company’s financial trajectory.

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